Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Reserve Currencies

Norway to buy forex for wealth fund in May

Posted on 02 May 2011

Norway’s central bank said it will buy foreign currency for the country’s sovereign wealth fund at a rate of about 300 million Norwegian crowns ($57.05 million) per day in May.
The central bank manages Norway’s $570 billion Government Pension Fund Global, which invests surplus oil wealth to save for a future when the oil and gas run out……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15434 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031